America's troubled housing market has thrown up a remarkable price chasm that underlines just where the haves and have nots in US society reside. A study found average house prices – for a four-bedroomed home – in US cities varied between $68,000 (£43,000) and $1.8m (£1.12m). Recession-hit areas such as Detroit and Cleveland fared badly, while the Californian enclave of Newport Beach and commuter areas of New York have seen smaller declinesPhotograph: Robert Galbraith/ReutersThe prospect of the UK government giving permission for deepwater drilling off the coast of the Shetland Islands became increasingly likely and prompted environmental group Greenpeace to consider going to court to seek a judicial reviewPhotograph: Will Rose/Greenpeace/PAAnheuser-Busch InBev, the brewer of America's most popular beer brand, Budweiser, embarked on a massive promotional push to boost flagging US sales. Anheuser declared a “Budweiser National Happy Hour” and revealed plans to give away up to 500,000 servings by mid-October Photograph: Anheuser-Busch Inc.The company behind Crossrail, the trans-London rail link, set out a series of cost savings which it believes could save the project “hundreds of millions” of pounds. Crossrail will run for more than 73 miles from Maidenhead and Heathrow in the west to Shenfield and Abbey Wood in the eastPhotograph: Oli Scarff/Getty ImagesUnilever, the company behind Ben & Jerry's ice cream and Dove soap, splashed the cash and acquired US toiletries firm Alberto Culver for £2.3bn in a bid to expand its range of personal care products. Among acquisitions are the TRESemmé and Alberto VO5 haircare brandsPhotograph: Dan Chung for the GuardianCoalition ministers faced the spectre of a second phase of companies relocating from the UK on news that building supplies firm Wolseley is considering an offshore move. Next month its shareholders will vote on plans to register the business in Jersey while adopting Switzerland as home for tax purposes Photograph: Wolseley plc/NewscastWorkmen construct a new Dior shop on New Bond Street in Mayfair. Spending, and lots of it, is the way to invigorate the UK economy, according to Bank of England deputy Charlie Bean. Bean, who is a member of the influential monetary policy committee, also admitted that interest rates were being held down to discourage savers; while elsewhere …Photograph: Oli Scarff/Getty ImagesBank of England monetary policy member Adam Posen called for a resumption of quantitative easing and issued a warning that the Bank needed to take measures to prevent long-term economic stagnation – sterling fell sharply in the aftermath of his speechPhotograph: Ben Stansall/AFP/Getty ImagesMiguel Estrada, lawyer for Conrad Black outside the US Supreme Court in 2009. Lawyers for fallen media mogul Conrad Black were engaged in moves to strike out his criminal convictions in the US appeal court. The former Telegraph owner was freed from prison on bail in July after the US supreme court found flaws in a statute used in his 2007 fraud trialPhotograph: Evan Vucci/APBP Managing Director Bob Dudley poses for the media outside BP's headquarters in July. BP's incoming chief executive acted quickly in taking steps to rebuild trust in the oil firm, overseeing a management reshuffle and announcing details of a new safety division, which will have greater powers regarding the company's global operationPhotograph: Toby Melville/ReutersArt, paintings and books from Lehman Brothers' British and European offices were auctioned off, including two Lucian Freud etchings and Gary Hume's Madonna. It was the company name that attracted the greatest attention though, with signs and plaques proving compelling purchases – Lehman Brothers corporate plaque fetched £42,050 Photograph: Linda Nylind for the Guardian
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